Cellectis received proceeds of €13 Million through the exercise of warrants
Published on November 12, 2014
November 12, 2014 – Paris (France) – Cellectis (Alternext: ALCLS.PA), a biopharmaceutical company focused on developing immunotherapies based on gene edited engineered CART cells (UCART), announces that it has received €13,237,524 ($16.5M) through the exercise of 7,354,180 warrants of the 12,195,113 warrants issued in October 2011, which expired on October 28, 2014 (60.3% of the total amount).
An additional 1,470,836 new shares were issued as a result of such exercise.
“We would like to thank our shareholders for their continued support”, said Dr. André Choulika, Chairman & CEO of Cellectis. “These additional funds, along with the Company’s existing cash and cash equivalents, provide Cellectis with a strong balance sheet that will allow us to continue to execute our strategy focused on developing our therapeutic programs and to advance our product development activities at Cellectis plant sciences.”